Vanguard Group Inc. Has $112.65 Million Position in XPEL, Inc. (NASDAQ:XPEL)

Vanguard Group Inc. boosted its position in XPEL, Inc. (NASDAQ:XPEL - Free Report) by 3.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,460,865 shares of the company's stock after buying an additional 45,304 shares during the quarter. Vanguard Group Inc. owned 5.29% of XPEL worth $112,647,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of XPEL by 6.4% in the 2nd quarter. Royal Bank of Canada now owns 3,308 shares of the company's stock worth $279,000 after purchasing an additional 199 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of XPEL by 28.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 923 shares of the company's stock valued at $78,000 after buying an additional 204 shares during the last quarter. UBS Asset Management Americas Inc. grew its position in shares of XPEL by 1.5% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 13,813 shares of the company's stock valued at $890,000 after buying an additional 206 shares during the last quarter. Citigroup Inc. grew its position in shares of XPEL by 1.3% during the 3rd quarter. Citigroup Inc. now owns 16,431 shares of the company's stock valued at $1,267,000 after buying an additional 217 shares during the last quarter. Finally, Ameritas Investment Partners Inc. grew its position in shares of XPEL by 14.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,868 shares of the company's stock valued at $157,000 after buying an additional 234 shares during the last quarter. Institutional investors and hedge funds own 75.08% of the company's stock.

XPEL Stock Performance

Shares of NASDAQ:XPEL traded down $0.69 during trading on Thursday, reaching $58.41. 166,232 shares of the company's stock traded hands, compared to its average volume of 137,499. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.02 and a quick ratio of 1.10. XPEL, Inc. has a 12 month low of $40.77 and a 12 month high of $87.46. The company has a 50 day moving average of $53.01 and a 200-day moving average of $54.73. The stock has a market capitalization of $1.61 billion, a P/E ratio of 31.11 and a beta of 1.84.

XPEL (NASDAQ:XPEL - Get Free Report) last posted its earnings results on Thursday, February 22nd. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.02). XPEL had a return on equity of 34.38% and a net margin of 13.32%. The firm had revenue of $105.54 million during the quarter, compared to the consensus estimate of $96.61 million. During the same quarter last year, the company posted $0.30 EPS. XPEL's revenue for the quarter was up 34.5% on a year-over-year basis. On average, equities analysts expect that XPEL, Inc. will post 2.2 EPS for the current year.

XPEL Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.